Financial crisis

INTERVIEW: Author Roger Hardy on 'empire and its legacy in the Middle East'

Amid present-day meltdown in the Middle East, many are looking back to past generations to try to understand the roots of the problems. This search is particularly notable around the centenary of the First World War, when the current strained regional order took shape as a range of nation states emerged from the rubble of the Ottoman Empire.

House prices will continue to slide in 2017

Property prices that would have caused a buying frenzy had it still been the period before the financial crisis are now appearing in a number of upmarket areas of Attica, estate agency data show, while the uncertainty in the country's economy leaves no scope for any improvement in the market in the coming year either, real estate experts warn.

Turkey's economic crises

I should be the last person to write on economic matters, since it is neither my profession nor my passion. Nevertheless, none of us need to be experts nowadays to see that the prospects for Turkey's economy are rather dim.

Top bosses paint a gray picture for the economy

A fresh report by TÜS?AD, a leadaing business group, points at current risks of the economy, which are not highlighted in many official reportsThe Turkish Industry and Business Association (TÜS?AD) has been the leading interlocutor of global economic players, although the association has lost some power during the Justice and Development Party (AKP) term. TÜS?AD is less powerful vis-à-vis gover

Saxo Bank’s economist writes about an upcoming crisis

Christopher Dembik, Economist of Saxo Bank, claims that a new crisis is coming and explains it in four points:

• Shortening economic cycle means more frequent crises
• ‘Great Divergence’ model saw China assuming the US’ leadership role
• We have likely reached the limits of adjusting monetary policy
• States have compromised a return to growth due to debt

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